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Illinois Valley Times

Friday, November 22, 2024

Q3 real estate sales report: Diamond

Re 10

Median prices declined in Diamond over last year, and are down 24.2 percent over 10 years, adjusted for inflation, according to third quarter sales data collected by BlockShopper.com.

From July to September, 11 homes sold in Diamond for a median price of $165,000. That's 35.8 percent lower than median home sale prices for the third quarter of 2017.

In the third quarter, there were no foreclosures in Diamond.

Median property tax for homeowners in Diamond was $4,491.51 in 2017 according to tax data from that year. That means homeowners pay 1.7 percent of their home's value in taxes.

Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.

Diamond real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
9
$217,620
-
2010
2
$308,655
41.8%
2011
6
$206,225
-33.2%
2012
8
$189,115
-8.3%
2013
8
$187,920
-0.6%
2014
12
$242,740
29.2%
2015
10
$201,400
-17%
2016
7
$202,650
0.6%
2017
7
$257,040
26.8%
2018
11
$165,000
-35.8%

Median property tax
Median sale price
Effective property tax rate
2009
$3,785.06
$217,620
1.7%
2010
$2,811.41
$308,655
0.9%
2011
$3,431.76
$206,225
1.7%
2012
$3,086.49
$189,115
1.6%
2013
$3,084.18
$187,920
1.6%
2014
$3,630.89
$242,740
1.5%
2015
$2,797.44
$201,400
1.4%
2016
$3,770.65
$202,650
1.9%
2017
$4,491.50
$257,040
1.7%

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